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June 12, 2017 03:41 pm GMT

Zelle, the real-time Venmo competitor backed by over 30 U.S. banks, arrives this month

The U.S. banking industry’s answer to Venmo has now arrived. Starting this month, a new, person-to-person payments network called Zelle will roll out to the over 86 million mobile banking customers here in the U.S., promising a faster form of digital payments compared with apps like PayPal, Venmo, Square Cash, and others. Instead of transfers taking place overnight or after a couple of… Read More

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